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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:05                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        214-902-214 San Isidro

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      D  - Rural Real                        1,923,180     .8731       2,202,703       15
  2      G  - Oil, Gas, Minerals              145,226,940     .9899     146,708,698       22

Random Totals:                                147,150,120               148,911,401       37
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      14,682,600                15,969,965
 Other Exception Values:                                0                         0
Exception Totals(3):                           14,682,600                15,969,965
Test Values(4):                               161,832,720               164,881,366

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,244,068
Confidence Interval Values:
  State Lower Limit:                                      156,637,298  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       161,832,720  (Within Confidence Interval Limits)
  State Upper Limit:                                      173,125,434  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       193,289,767  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.